Rambus (NASDAQ: RMBS) reported a new comprehensive licensing agreement Monday with STMicroelectronics (NYSE: STM). Rambus raised its guidance following the new arrangement.
Rambus now sees second quarter revenue between $56.0 million and $58.0 million compared to the prior estimate between $53.0 and $58.0 million. The consensus Wall Street forecast sees revenue at $57.0 million for the quarter.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
STMicroelectronics, in as separate release, confirmed the arrangement.
Rambus shares spiked on the news, rising 2 percent after-hours after trading lower by about 1 percent intraday.